Purchasing a new property is a significant investment in time and money. You’ve likely spent hours looking for the perfect house, searching online and touring in-person until you’ve found the one you’re ready to call home.
And if you’re like most homebuyers, purchasing a home is one of the greatest monetary transactions you’ll make throughout your life.
You don’t want anything to jeopardize your claim on your new home, now or several years in the future. And the truth is, while it’s relatively uncommon for an issue to suddenly arise regarding your ownership of your property, it can happen. The result could be significant fees and the loss of your financial investment and home.
That’s why title insurance is so important.
Most mortgage companies will require you to buy a lender’s policy that protects them against legal costs and mortgage payments you can’t make if you lose your home. But it won’t do anything to protect you.
While a buyer’s policy isn’t always mandatory, it’s always a good idea to take out title insurance on your home.
New Door Property Transfer can help you.
We provide title services and insurance for buyers who make the smart choice to protect their homes and investments against claims. Here’s how: